Market Overview:
The global passenger vehicle hydraulics system market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The brake segment is expected to account for the majority share of the market during the forecast period. Asia Pacific is anticipated to be the fastest growing region in terms of revenue growth. The global passenger vehicle hydraulics system market has been segmented on the basis of type, application and region. On the basis of type, the market has been divided into brake, clutch, suspension and tappet segments. The brake segment accounted for a major share of the global passenger vehicle hydraulics system market in 2017 and is anticipated to maintain its dominance throughoutthe forecast period. This can be attributedto increasing demand for safety features in vehicles across all regions. The clutch segmentis projectedto grow at a highest CAGR duringthe forecast period owingto increasing demand from developing countries such as Chinaand Indiafor SUVsand other high-end vehicles equipped with advanced features such as hydraulic clutchesystems .
Product Definition:
A passenger vehicle hydraulics system is a hydraulic system found in passenger vehicles. This system helps to power the brakes, steering and suspension systems on a passenger vehicle. The importance of this system is that it helps to keep the passengers safe while they are driving or riding in the vehicle.
Brake:
Brake is a mechanical device used to slow down or stop a vehicle. It's an essential component of the vehicle safety system as it helps in avoiding accidents and ensuring the safety of both driver and passengers. The market for brake components consists of two major segments, namely automotive aftermarket and original equipment manufacturers (OEMs). Aftermarket consists of replacement parts such as caliper, rotor, pads, rotors & drums while OEM comprises hardware such as discs & tires.
Clutch:
The clutch is a mechanism that act as a coupling between the engine and transmission. It's primary function is to decrease the speed of engine when vehicle is stationary or slowly moving. In case of low-speed, manual driving, or automatic transmission vehicles; it helps in maintaining appropriate torque through all gears.
It also has other functions such as engaging reverse gear automatically when vehicle approaches stop position, preventing loss of power during downshifting from high gear to lower gears and so on.
Application Insights:
Based on application, the market is segmented into a sedan and a hatchback. The SUV segment is expected to witness significant growth over the forecast period owing to increasing demand for off-roaders in developing countries such as India and China. Furthermore, sedans are also considered as four-wheelers which means they can be driven on two or three wheels depending upon their design. This factor will increase passenger vehicle sales leading to higher demand for hydraulic systems during the forecast period.
The other vehicles category includes buses, light trucks and sports cars among others such as off-roaders or mini trucks that are used in construction activities or agricultural tasks among others applications where low ground clearance vehicles are required due to specific requirements of use.
Regional Analysis:
Asia Pacific dominated the global passenger vehicle hydraulics system market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing automobile production and sales in countries such as China, India, Japan, and South Korea. Furthermore, rising disposable income of consumers coupled with a growing preference for passenger cars is anticipated to drive demand for hydraulic systems across this region.
The European market held a share of more than 20% in terms of revenue in 2017 on account of high demand from Germany and Spain on account of their well-established automotive industries. However, stringent regulations by the European Union regarding carbon emissions caused due to fuel consumption may hamper industry growth over the coming years.
North America accounted for more than 20% share in terms of revenue owing to high consumer awareness about safety features incorporated into vehicles along with increased purchasing power associated with improved quality standards offered by luxury car manufacturers such as BMW Group; Audi AG; Mercedes-Benz AG; Jaguar Land Rover Limited.
Growth Factors:
- Increasing demand for passenger vehicles
- Growing automotive industry
- Rising disposable income of consumers
- Technological advancements in hydraulic systems
- Growing awareness about the benefits of hydraulic systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Passenger Vehicle Hydraulics System Market Research Report
By Type
Brake, Clutch, Suspension & Tappet
By Application
Sedan & Hatchback, SUV, Other
By Companies
Aisin Seiki, Bosch, ZF, BorgWarner, JTEKT, NSK, Nexteer, Mobis, Thyssenkrupp, WABCO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Passenger Vehicle Hydraulics System Market Report Segments:
The global Passenger Vehicle Hydraulics System market is segmented on the basis of:
Types
Brake, Clutch, Suspension & Tappet
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sedan & Hatchback, SUV, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aisin Seiki
- Bosch
- ZF
- BorgWarner
- JTEKT
- NSK
- Nexteer
- Mobis
- Thyssenkrupp
- WABCO
Highlights of The Passenger Vehicle Hydraulics System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Brake
- Clutch
- Suspension & Tappet
- By Application:
- Sedan & Hatchback
- SUV
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Passenger Vehicle Hydraulics System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Passenger Vehicle Hydraulics System (PVHS) is a system that controls the hydraulic fluid pressure and flow in an automotive engine. It helps to maintain engine performance by controlling the amount of air and fuel that enters the combustion chamber, as well as how much oil is delivered to various parts of the engine.
Some of the major players in the passenger vehicle hydraulics system market are Aisin Seiki, Bosch, ZF, BorgWarner, JTEKT, NSK, Nexteer, Mobis, Thyssenkrupp, WABCO.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passenger Vehicle Hydraulics System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Passenger Vehicle Hydraulics System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passenger Vehicle Hydraulics System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Passenger Vehicle Hydraulics System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Passenger Vehicle Hydraulics System Market Size & Forecast, 2018-2028
4.5.1 Passenger Vehicle Hydraulics System Market Size and Y-o-Y Growth
4.5.2 Passenger Vehicle Hydraulics System Market Absolute $ Opportunity
Chapter 5 Global Passenger Vehicle Hydraulics System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Passenger Vehicle Hydraulics System Market Size Forecast by Type
5.2.1 Brake
5.2.2 Clutch
5.2.3 Suspension & Tappet
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Passenger Vehicle Hydraulics System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Passenger Vehicle Hydraulics System Market Size Forecast by Applications
6.2.1 Sedan & Hatchback
6.2.2 SUV
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passenger Vehicle Hydraulics System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Passenger Vehicle Hydraulics System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Passenger Vehicle Hydraulics System Analysis and Forecast
9.1 Introduction
9.2 North America Passenger Vehicle Hydraulics System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Passenger Vehicle Hydraulics System Market Size Forecast by Type
9.6.1 Brake
9.6.2 Clutch
9.6.3 Suspension & Tappet
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Passenger Vehicle Hydraulics System Market Size Forecast by Applications
9.10.1 Sedan & Hatchback
9.10.2 SUV
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Passenger Vehicle Hydraulics System Analysis and Forecast
10.1 Introduction
10.2 Europe Passenger Vehicle Hydraulics System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Passenger Vehicle Hydraulics System Market Size Forecast by Type
10.6.1 Brake
10.6.2 Clutch
10.6.3 Suspension & Tappet
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Passenger Vehicle Hydraulics System Market Size Forecast by Applications
10.10.1 Sedan & Hatchback
10.10.2 SUV
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Passenger Vehicle Hydraulics System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Passenger Vehicle Hydraulics System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Passenger Vehicle Hydraulics System Market Size Forecast by Type
11.6.1 Brake
11.6.2 Clutch
11.6.3 Suspension & Tappet
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Passenger Vehicle Hydraulics System Market Size Forecast by Applications
11.10.1 Sedan & Hatchback
11.10.2 SUV
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Passenger Vehicle Hydraulics System Analysis and Forecast
12.1 Introduction
12.2 Latin America Passenger Vehicle Hydraulics System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Passenger Vehicle Hydraulics System Market Size Forecast by Type
12.6.1 Brake
12.6.2 Clutch
12.6.3 Suspension & Tappet
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Passenger Vehicle Hydraulics System Market Size Forecast by Applications
12.10.1 Sedan & Hatchback
12.10.2 SUV
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Passenger Vehicle Hydraulics System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Passenger Vehicle Hydraulics System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Passenger Vehicle Hydraulics System Market Size Forecast by Type
13.6.1 Brake
13.6.2 Clutch
13.6.3 Suspension & Tappet
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Passenger Vehicle Hydraulics System Market Size Forecast by Applications
13.10.1 Sedan & Hatchback
13.10.2 SUV
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Passenger Vehicle Hydraulics System Market: Competitive Dashboard
14.2 Global Passenger Vehicle Hydraulics System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aisin Seiki
14.3.2 Bosch
14.3.3 ZF
14.3.4 BorgWarner
14.3.5 JTEKT
14.3.6 NSK
14.3.7 Nexteer
14.3.8 Mobis
14.3.9 Thyssenkrupp
14.3.10 WABCO
